hvactec
VIP Member
By Bob Hoffman
Political Gateway (November 11th, 2010) - These are my thoughts. I work for neither company, party, or agenda. I hope it is wrong. I fear it is right. I ask you read this article and give it thought. My hope is to sober your vision on your family's financial future. A perspective from someone good at making some financial and political predictions in 2005 and 2008.
Some background
Starting in April of 2009, the recovery of what the media called 'The Great Recession' began. Between October 2008 and March 2009 the economy shuddered under financial collapse. From mid 2008 to March 2009; Oil dropped from 140+ to 32 a barrel, Gold from 1,100+ to around 700. Stocks went from over 12,000 on September 18th down to 6,500 by March 2009. The unemployment surged to an official 10%, an unofficial 17+%. Banks failed, big ones.
Some 19 months later Gold has gone up 100%, it has doubled. Oil has gone up to 90 a barrel, 200%, tripling in value. Stocks shot up 84% to around 12,000. Unemployment has dropped down to around 9.6%.
Although some numbers may sound good I believe they are harbingers of a big problem in our economy here in America. Problems that may end up hitting us with the backside of a financial hurricane many thought had passed.
read more How to Survive the Great Depression of 2011-2012 - Discuss preparations for a possible coming economic depressi...
Political Gateway (November 11th, 2010) - These are my thoughts. I work for neither company, party, or agenda. I hope it is wrong. I fear it is right. I ask you read this article and give it thought. My hope is to sober your vision on your family's financial future. A perspective from someone good at making some financial and political predictions in 2005 and 2008.
Some background
Starting in April of 2009, the recovery of what the media called 'The Great Recession' began. Between October 2008 and March 2009 the economy shuddered under financial collapse. From mid 2008 to March 2009; Oil dropped from 140+ to 32 a barrel, Gold from 1,100+ to around 700. Stocks went from over 12,000 on September 18th down to 6,500 by March 2009. The unemployment surged to an official 10%, an unofficial 17+%. Banks failed, big ones.
Some 19 months later Gold has gone up 100%, it has doubled. Oil has gone up to 90 a barrel, 200%, tripling in value. Stocks shot up 84% to around 12,000. Unemployment has dropped down to around 9.6%.
Although some numbers may sound good I believe they are harbingers of a big problem in our economy here in America. Problems that may end up hitting us with the backside of a financial hurricane many thought had passed.
read more How to Survive the Great Depression of 2011-2012 - Discuss preparations for a possible coming economic depressi...
